Technical analysis by TheSignalyst about Symbol ETH on 11/11/2025

📉ETH has been trading inside a falling red channel , keeping the short-term outlook bearish for now. As long as price remains within this structure, sellers continue to dominate. ⚔️However, ETH is now approaching a massive confluence zone between $2850 and $3000, which aligns with the lower bound of the channel, an area that has acted as a powerful support in the past. 🏹From here, I’ll be looking for potential long setups, anticipating a rebound toward the $3850–$4000 resistance area. But for the bulls to fully take over long-term, a confirmed break above $4000 is essential. Could this be the last dip before Ethereum’s next explosive move? 👀 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📊All Strategies Are Good; If Managed Properly! ~Richard Nasr